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korea and a conversation with michele flournoy a former senior defense department official about where the crisis in north korea stands. >> my worry is on the north korean side you have kim jung-un who is a very young inexperienced leader, the question is will he know when to stop? his father, hi grandfather knew up to... how to walk up to the line but stop short of war. the question is will he know how to do this or will he miscalculate because if he goes up the escalation ladder because of the geography, because of the tens of thousands of artillery aimed at seoul, the first hour of a full-out conflict would be very deadly for both sides. you would be very quickly into a full-scale war. that's the real concern. 's miscalcation. >> crliewe conclude this evening with a look at the results of the venezuelan election with who hey cast need a, greg grandin and nikolas kozloff. >> i think his charisma was off the charts. that's not a bad thing. i think in terms of the 20th century of last inamerican history, the 21st century maybe juan per own maybe a few leaders here and there but i think
. self-defense force pilots took to the air more than 300 times in the past year to respond to chinese activity, surpassing the number for russian planes for the first time. defense ministry officials say pilots made emergency take-offs against foreign aircraft approaching japanese air space 567 times from april 2012 to the end of march of this year. that's a 20-year high. the number of scrambles against chinese planes almost doubled from the previous fiscal year. they increased sharply after last september following the japanese government's move to nationalize the senkaku islands. a chinese government plane flew close to the islands last year, the first intrusion into japanese airspace since the sdf began keeping records. >> translator: at this point, i don't think china would make approaches that would turn into military conflicts with japan. >> but a former air self-defense force commander also says if japan softens its stance on territorial protection, china could become increasingly active. >>> south korean president park says enough is enough. she says it's time to stop the prac
korea's defense is trying to better counter north korean threats. the military submitted the budget of about $200 million to parliament on thursday. tension on the korean peninsula remains high. it will boost spending on weapons and shelters for border islands, including yeonpyeong . the budget will also be spent on k-9 self-propelled howitzers and equipment to counter against bioweapons. on wednesday it was announced that additional funds to deploy u.s. helicopters from the north. >>> leaders have gathered around the table in washington. they are talking about the state of global finance. what do japanese representatives bring to the table? >> they are expected to be defending the country's monetary easing measures. they'll discuss credit easing taking place in industrialized countries. he's set to explain the boj's bold monetary easing policy. the goal is to pull the jap need out of deflation. >> translator: firstly, i'll explain about the current status of japan's economy to the delegates. i'll talk about the monetary easing measures we are taking which are meant to achieve the 2
to manage it defensively. by that, either have a ladder portfolio so you can reinvest as rates go up, or, have a short duration where you have -- >> okay. >> set et et cetera to keep your maturity short. >> i want to squeeze in a tax question. we hear that the obama administration may want to put a cap on the tax exemption. is that another reason to clean up your portfolio now rather than wait? >> well, i don't know that it's another reason to clean up your portfolio, but it's certainly something to keep on the radar screen. you know, obviously, with everything that's going on in washington, everything is on the table. and with each one that comes out, there's a proposal that there would be a 28% cap on deductions so no one would be lower than the 28% tax bracket. that means you couldn't have all tax-free income that would put you in no tax bracket. in essence, that would be a tax on municipal bonds. mayors and governors are fighting this very, very aggressively. and each time they seem to get it out of the budget proposal and then a new budget proposal comes out and it's back in. i do b
is preventing the discussions from taking place. >>> the u.s. defense secretary has announced an arms deal that will strengthen israel's military edge in the middle east. chuck hagel says a package will include transport aircraft and an advanced radar system. he met with the his israeli counterpart. he said israel will buy the b22 osprey plane. israel will also buy an aerial refueling jet. the aircraft would make it easier to conduct long distance raids on iran. israeli leaders have threatened military action to stop iran from developing nuclear weapons. hagel said there's still time for can diplomacy and sanctions. but the arms sale will increase israel's long-range capabilities. he's already enacted the first two. now he's focusing on the third. we are joined from the business desk. gross strategy, doesn't sound like an easy task considering the state of japan's finances. >> japan has massive debt. when talking about growth the question is raise what had is the government going to do with the money that it owes. they will first work on the primary balance. as they aim to turn its primary
Search Results 0 to 4 of about 5